Metal News

There is a trend towards consolidation in the mining industry and BHP Billiton Ltd.

The state and local incentives that Carpenter Technology Corp. was granted to build a steel plant in Limestone County could prove a long-term bargain - as long as government agencies ensure the company fulfills its employment requirement.

BHP Billiton Ltd. will make more acquisitions over time, the mining giant's Chief Executive Marius Kloppers said Sunday.Kloppers, however, wouldn't be more specific about potential targets for the Anglo-Australian miner and declined to comment on speculation it could be interested in ... Read the full story at Fox Business Singer Whitney Houston ... (more)

Waste Management recycling bins such as this were a staple at the Waste Management Phoenix Open last week.

Fidelity Worldwide Investment said that while it supports Glencore International Plc's 23.8 billion-pound takeover bid for Xstrata Plc "in principle," the terms of the deal "need to be revisited." The investment company, which commented today in an e-mail, holds at least 1.5 percent of Zug, Switzerland-based Xstrata, according to data compiled by ... (more)

Gold prices declined 0.9% this week, bucking expectations of many analysts who had forecasted higher prices before the week's start...

London-based fund manager and Xstrata PLC shareholder Fidelity Worldwide Investments is seeking a change in the terms proposed by Glencore International PLC to combine the two companies, the Financial Times said Saturday.

In its IPO, the Buffalo-based company said it would look to sell 6.8 million shares at $10-$12. Synacor , however, lowered those prices to $5 per share on Feb.

European stocks fell from a six month-high this past week, as Greece's coalition government failed to agree on the remaining spending cuts needed to obtain financial aid from the European Union and stave off a default.

Investment analysts at Dahlman Rose lowered their price target on shares of BHP Billiton ADR Reptg 2 Ord Shs from $116.00 to $96.00 in a note issued to investors on Friday.

S&P 500 component Cliffs Natural Resources Inc. will unveil its latest earnings on Wednesday, February 15, 2012.

HUNTSVILLE, Alabama _ Just as seeds sprout plants, a major industry can be the seed corn that grows spinoff companies.

Rio Tinto Group lost a bid to keep using non-unionized workers in Western Australia's Pilbara region, a decision a lawyer for the world's third-biggest mining company said could affect other companies.

The merger announcement from Glencore International PLC and Xstrata PLC this week turned heads because the combination of a commodities trading powerhouse and a major miner, especially those of such size and scope, is a rarity, but if the move succeeds, more may follow.

Rio Tinto Group, the world's third- largest mining company, swung to a second-half loss, its first in four years, after taking an $8.9 billion one-time charge on the value of its aluminum business.

News that Greece had reached a deal to secure a bailout was greeted with caution on Wall Street on Thursday, with investors taking a wait-and-see approach in a market that has become extended after weeks of gains.

Chadwick Engineering specializes in industrial equipment and process systems and has been providing services and equipment to the metals industry for over three decades with specialized expertise in finishing, rolling and casting.

China's resurgent demand for iron ore is helping Rio Tinto Group, the world's third-largest mining company, catch up with its biggest rival BHP Billiton Ltd.

Cheslatta Carrier Nation member Abel Peters, 89, signs the 'paid in full' document after handing over six vintage Canadian dollar bills as payment for the land.

BHP Billiton Ltd. flagged a potential expansion of its South African coal operations Wednesday, delivering a vote of confidence in the country just days after it unveiled plans to exit a mineral sands operation there.BHP named the Van Dyks Drift Central project among its growth options in a presentation alongside its half-year earnings result...